S&P Dow Jones Is Considering Removing Lebanese Stocks From Its Index As Soon As Next Month
- Date: 03-May-2021
- Source: The961
- Sector:Financial Markets
- Country:Lebanon
S&P Dow Jones Is Considering Removing Lebanese Stocks From Its Index As Soon As Next Month
S&P Dow Jones Indices (S&P DJI) is studying removing Lebanese stocks from several of its indexes. In a statement on Friday, S&P DJI said that it was considering excluding Lebanon-domiciled stocks from the S&P Frontier BMI and related sub-indexes, in addition to the S&P Pan Arab Indices. If implemented, the decision, which is being reviewed with market participants, would impact Solidere, Bank Audi, Byblos Bank, and BLOM Bank — 4 of the biggest listed Lebanese companies. S&P DJI, a division […]
The post S&P Dow Jones Is Considering Removing Lebanese Stocks From Its Index As Soon As Next Month appeared first on The961.
S&P Dow Jones Indices (S&P DJI) is studying removing Lebanese stocks from several of its indexes. In a statement on Friday, S&P DJI said that it was considering excluding Lebanon-domiciled stocks from the S&P Frontier BMI and related sub-indexes, in addition to the S&P Pan Arab Indices. If implemented, the decision, which is being reviewed with market participants, would impact Solidere, Bank Audi, Byblos Bank, and BLOM Bank — 4 of the biggest listed Lebanese companies. S&P DJI, a division […]